Board Meeting other than Financial Result of BIPL Securities Limited

Karachi, BIPL Securities Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on May 19, 2022 at Karachi to consider the matters other than financial results.

Further, the company has declared the closed period from May 12, 2022 to May 19, 2022.

BIPL Securities Limited was incorporated in Pakistan on October 24, 2000. BIPL Direct is the retail brokerage arm of BIPL Securities Ltd. that caters to the diverse needs of equity investors around the globe. BIPL Direct started its operation in 2004

The Company is a subsidiary of BankIslami Pakistan Limited, and is a TREC holder of the Pakistan Stock Exchange Limited and Corporate member of Pakistan Mercantile Exchange Limited. The Company is principally engaged in the business of stocks, money market, foreign exchange and commodity broking.

The number of shares the company has introduced are 100,000,000. The Earnings per share has increased in 2020 and is 0.94 compare to (0.12) in 2019. The profit after taxation in 2020 is 94,000,000 which was (11,941,000) in 2019.